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Buying time again here...
BAWC Breakout Alert +33% 7 MM FLOAT
DD BAWC IS BEST OTC OUT THERE
http://www.investorshub.com/boards/read_msg.asp?message_id=11807394
SMTX $4 + after earnings IMO
BAWC: The BEST OTC play out there:
-Solid balance sheet $1 MM working capital no debt
-7 MM float
-Cash flow positive
-High margins
-In hot sector- Internet marketing / China
-Sales exploding + 200% in first 2 months of last quarter
-Just signed China distribution agreement to expand reach
-Should be GAAP profitable this quarter.
Some of the other China stocks moved from teens to fifty range in a few weeks earlier this year BAWC is going to be fun...
BAWC reminds me of NLST. Should break $.15 then mid twenties, after that $.40 + in no time.
DD: BAWC.OB ($.12 +.03 ) is a 7 MM float Internet stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW).
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
BAWC.OB 7 MM float +33% $.12 Profitable going forward
BAWC has been picked by same group that picked NLST
BAWC.OB 7 MM float +30% $.12 Profitable going forward
BAWC.OB ($.12 +.03 ) is a 7 MM float Internet stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW).
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
BAWC .09 7 MM float 2 forward PE $1+ VERY possible
BonusAmerica Worldwide Corporation (BAWC.OB $.09) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
BAWC: I should clarify that China subsidiary sales doubled- but 94% of BAWC sales were from China in last report:
Three months ended 31 Three months ended 31
March 2006 March 2005
United States 6% 23%
Hong Kong 94% 56%
China - 21%
WOLV: Bargain of 2006 for LOGICAL investors:
The stock market is never perfectly efficient or logical. At times, equity values fall to a fraction of the true worth of an enterprise. On October 2, 2002, Sonus Networks traded for 18 cents. It subsequently rose over $10.
WOLV is another example of a stock that is trading at a FRACTION of its intrinsic value for no logical reason. WOLV is trading at a Price/Sales ratio of 0.14 compared to the Indusry average of 2:
http://finance.yahoo.com/q/co?s=WOLV.OB
As I have said in previous posts, this valuation reflects a perfect storm of extraneous factors: NASDAQ delisting and a brutal small cap bear market. There is NO justification for WOLV to be trading at such depressed levels, WOLV's financial and operating performance are the best in years:
Financial: WOLV completed a $1 million financing in April. After this financing, WOLV has POSITIVE WORKING CAPITAL (current assets of $7.8 MM and liabilities of $7.6 MM) and only $1 million in long term debt. This balance sheet is better than 90% of OTC companies!!
Operating:
1) The third quarter 2006 financials show WOLV is on the road to sustained cash flow and profitability. Costs were reduced by 27%, and net loss was reduced by 40% to $486,000. If depreciation and amortization are added back, WOLV was essentially cash flow breakeven for the entire quarter.
2) IN THE MAY CONFERENCE CALL THE WOLV CEO STATED WOLV'S SALES PIPELINE IS THE STRONGEST IN HISTORY. Consequently, the trend to improved cah flow and GAAP profitability will continue.
Conclusion: WOLV is a rare opprotunity: A stock trading at huge discounts to the sector. There is no company specific reason for this huge discount. WOLV has a aound balance sheet, positive working capital, minimal debt, is essentially cash flow breakeven moving to cash flow positive, and has the strongest sales pipeline in the company's history.
When assessing WOLV as a potential investment focus on WOLV's fundemantals, not the BASHER TRASH.
WOLV IS A BUY AND WILL REWARD PATIENT INVESTORS.
BAWC 7 MM float $.09 July will be +300%
BAWC volume has started to pick up the last few days (300 K friday) July will he HUGE due to Blowout Q2 earnings being announced and the symbol change to reflect China focus. DD:
BonusAmerica Worldwide Corporation (BAWC.OB $.09) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
SMTX last chance to buy < 2.5
BAWC 7 MM float $.09 July will be +300%
BAWC volume has started to pick up the last few days (300 K friday) July will he HUGE due to Blowout Q2 earnings being announced and the symbol change to reflect China focus. DD:
BonusAmerica Worldwide Corporation (BAWC.OB $.09) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
I predict $.25 + this month:
- New synbol will bring attention
-Q2 results will be blowout
-Q3 Guidance likely.
I do cash flow positive BB stock but can't post it under these board rules that prohbit non GAAP profitable stocks
Volume precedes price..
SMTX issue clarification:
1) Revenues less than 2001-2003:
Simple- John Caldwell the new CEO restructured the company and got rid of marginal operations- thats a good thing. Caldwell is the best in the business he turned around GAC.TO before tekaover
2) Q1 is their weakest quarter. Listen to the Conference call look at Invenstory buildup read Q1 PR- Second quarter will be a BLOWOUT.
WPTE Poker.com BLOWOUT Q2 $11 MM sales: $10 soon
Earnings run starting this was $25 in 2005
Revenues for the second quarter of 2006 are expected to be in the range of $10.5 - $11.0 million. The Company expects to deliver the final ten episodes of Season IV of the WPT and nine episodes of Season I of the PPT in the second quarter of 2006. Additionally, the Company expects to deliver the first four episodes of Season V of the WPT and the remaining fourteen episodes of Season I of the PPT during the second half of 2006. Margins for the PPT will be higher in 2006 than in subsequent years as certain production costs have already been expensed. The Company expects to continue to maintain the current level of sales and marketing expenses related to its online gaming website, WPTonline.com, until it transitions to an improved technology platform.
BAWC.OB is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
BAWC EXPLODING lo float monster
http://biz.yahoo.com/prnews/060628/law056.html?.v=64
BAWC.OB is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
BAWC EXPLODING lo float monster
http://biz.yahoo.com/prnews/060628/law056.html?.v=64
Poker? WPTE 60% revenue increase this quarter..
Financial Results. Revenues for the first quarter of 2006 were $6.5 million, compared to $4.1 million in the same period in 2005, a 57% increase.
Revenues for the second quarter of 2006 are expected to be in the range of $10.5 - $11.0 million. The Company expects to deliver the final ten episodes of Season IV of the WPT and nine episodes of Season I of the PPT in the second quarter of 2006. Additionally, the Company expects to deliver the first four episodes of Season V of the WPT and the remaining fourteen episodes of Season I of the PPT during the second half of 2006. Margins for the PPT will be higher in 2006 than in subsequent years as certain production costs have already been expensed. The Company expects to continue to maintain the current level of sales and marketing expenses related to its online gaming website, WPTonline.com, until it transitions to an improved technology platform.
Poker? WPTE 60% revenue increase this quarter..
Financial Results. Revenues for the first quarter of 2006 were $6.5 million, compared to $4.1 million in the same period in 2005, a 57% increase.
Revenues for the second quarter of 2006 are expected to be in the range of $10.5 - $11.0 million. The Company expects to deliver the final ten episodes of Season IV of the WPT and nine episodes of Season I of the PPT in the second quarter of 2006. Additionally, the Company expects to deliver the first four episodes of Season V of the WPT and the remaining fourteen episodes of Season I of the PPT during the second half of 2006. Margins for the PPT will be higher in 2006 than in subsequent years as certain production costs have already been expensed. The Company expects to continue to maintain the current level of sales and marketing expenses related to its online gaming website, WPTonline.com, until it transitions to an improved technology platform.
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Press Release Source: WPT Enterprises, Inc.
WPT Enterprises, Inc. Reports First Quarter 2006 Financial Results
Thursday May 4, 4:05 pm ET
LOS ANGELES, May 4 /PRNewswire-FirstCall/ -- WPT Enterprises, Inc. (Nasdaq: WPTE - News) today announced financial results for the first quarter ended April 2, 2006. Business highlights for the quarter included delivery of six episodes of Season IV of the World Poker Tour® (WPT) television series, one episode of Season I of the Professional Poker Tour(TM) (PPT) television series, continued expansion of the WPT television show internationally, and further contribution from the Company's online gaming division, WPTonline.com.
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Financial Results. Revenues for the first quarter of 2006 were $6.5 million, compared to $4.1 million in the same period in 2005, a 57% increase. The increase was primarily a result of the delivery in the first quarter of six episodes of Season IV of the WPT television series versus the delivery of five episodes of Season III in the same period in 2005, and the delivery of one episode of Season I of the PPT television series in the first quarter versus no episodes of the PPT delivered in the same period in 2005. The Company reported net earnings for the quarter of $3.6 million, or $0.17 per fully diluted share, compared to a net loss of $1.6 million, or $0.08 per share (without dilution), in the 2005 period. Net earnings in the first quarter of 2006 includes a realized pre-tax capital gain of $5.7 million associated with the sale of a portion of the Company's PokerTek investment, and reflects $1.6 million in share-based compensation expense recognized in accordance with Statement of Financial Accounting Standards No. 123 (SFAS No.123R) adopted in the first quarter.
"We are pleased with the progress we made in the first quarter. We continue to aggressively build the World Poker Tour brand, and during the quarter delivered the first episode of our new show, the Professional Poker Tour, an extension of WPT poker branded entertainment," said Steve Lipscomb, President and CEO of WPT Enterprises. "In addition, we delivered six episodes of Season IV of the World Poker Tour, which continues to be well received. We also further strengthened the international distribution of our show, and are now licensed to broadcast in more than 150 countries and territories. Our online gaming business is moving forward, albeit a bit more slowly than we had hoped as we address some technology issues, but we are pleased with the progress we are making in improving the website's technology platform. We are excited about WPTE's prospects in 2006, and are confident in our ability to continue to successfully execute our strategic plan."
Domestic television license revenues were $3.0 million in the first quarter of 2006, an increase from $2.0 million in the first quarter of 2005. The increase was due to the delivery of more television episodes during the quarter compared to the prior year period. International television licensing revenues increased to $0.9 million in the first quarter of 2006 from $0.4 million in the first quarter of 2005. The increase was due to having a greater number of international television distribution agreements in place during the quarter than in the prior year. Product licensing revenues decreased to $0.7 million in the first quarter of 2006 compared to $1.1 million in the first quarter of 2005. The decrease was due, in part, to lower license revenues from our lottery game partner, MDI, which were partially offset by increased mobile gaming sales from Hands-On Mobile (formerly Mforma). Online gaming, the Company's newest division, generated revenues of $0.9 million in the first quarter of 2006 compared to $0.7 million in the fourth quarter of 2005.
Cost of revenues decreased to $2.4 million in the first quarter of 2006 from $3.2 million in the first quarter of 2005. The decrease was primarily due to lower recognized PPT production costs, as the Company began capitalizing these costs in the first quarter of 2006 versus previously expensing them. During the quarter, cost of revenues associated with the PPT was $0.1 million compared to $1.4 million in the prior year quarter. Cost of revenues associated with the WPT series was $1.6 million in the first quarter of 2006 compared to $1.5 million in the first quarter of 2005. Additionally, cost of revenues in the first quarter of 2006 included approximately $0.2 million of non-cash compensation expenses related to consultant stock options compared to $0.4 million in the first quarter of 2005, due primarily to changes in the Company's stock price.
Overall gross margins were 63% in the first quarter of 2006 compared to 22% in the first quarter of 2005. Domestic television licensing margins were 44% in the first quarter compared to negative 60% in the same period of 2005, primarily due to the expensing of PPT production costs in 2005. Increased revenues from international television distribution and the Company's online gaming operations helped contribute to the higher overall gross margins in 2006. Selling and administrative expenses increased to $5.1 million in the first quarter of 2006 compared to $2.8 million in the first quarter of 2005. The increase was primarily due to an additional $1.5 million of share-based compensation expense resulting from the implementation of SFAS No. 123R, with the remaining difference due to increased headcount and legal fees incurred during the first quarter of 2006 associated with development, growth and regulatory compliance costs. For the balance of 2006, excluding future stock grants, the Company expects charges for share-based compensation under SFAS No. 123R to be approximately $0.7 million each quarter.
At April 2, 2006, the Company had no debt, and total cash, cash equivalents and short-term investments available of approximately $39.6 million.
Revenues for the second quarter of 2006 are expected to be in the range of $10.5 - $11.0 million. The Company expects to deliver the final ten episodes of Season IV of the WPT and nine episodes of Season I of the PPT in the second quarter of 2006. Additionally, the Company expects to deliver the first four episodes of Season V of the WPT and the remaining fourteen episodes of Season I of the PPT during the second half of 2006. Margins for the PPT will be higher in 2006 than in subsequent years as certain production costs have already been expensed. The Company expects to continue to maintain the current level of sales and marketing expenses related to its online gaming website, WPTonline.com, until it transitions to an improved technology platform.
UPDATED WOLV DD SUMMARY JUNE 30 2006
The share price of WOLV:NASDAQ has been impacted by extraneous, non business factors- a severe small cap bear market and the NASDAQ delisting. As summarized below WOLV is now in the best operational and financial condition in years, and the current price provides an incredible investment opportunity.
NetWolves Corporation (WOLV) provides network security solutions coupled with network management and communication services worldwide. It operates in three segments: Voice Services, Managed Service Charges, and Equipment and Consulting.
WOLV met all NASDAQ requirements except the bid price, so was delisted on May 16, 2006 and now trades on the OTC BB.
WOLV is a turnaround story. After losing its major customer, Swift, WOLV took quick action to slash costs and diversify its customer base. The end result is that WOLV is now a more diversified, streamlined company than ever. With nearly $2 MM in annual cost reductions, WOLV turned cash flow positive in March 2006:
http://biz.yahoo.com/bw/060222/20060222006065.html?.v=1
It is interesting to note that the last time WOLV was cash flow positive, in early 2005, the share price exceeded $1.
The third quarter 2006 financials show WOLV is on the road to sustained cash flow and profitability. Costs were reduced by 27%, and net loss was reduced by 40% to $486,000. If depreciation and amortization are added back, WOLV was essentially cash flow breakeven for the entire quarter, but as noted, turned the corner to positive cash flow in March 2006.
http://biz.yahoo.com/bw/060518/20060518005875.
html?.
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IN THE MAY CONFERENCE CALL THE WOLV CEO STATED WOLV'S SALES PIPELINE IS THE STRONGEST IN HISTORY.
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As of May 19,2006, WOLV has a market capitalization of $7.5 million and a Price/Sales rato of 0.3. This is a significant discount to the Industry average Price/Sales ratio of 2.6:
http://finance.yahoo.com/q/co?s=WGRD
With the recent $1 Million financing, WOLV is now in EXCELLENT financial condition. WOLV has positive net working capital and only around $1 million long term debt.
WOLV has many large Fortune 500 clients including General Electric and McLane, a wholly owned subsidiary of Berkshire Hathaway Inc. WOLV has significantly increased its sales pipeline and diversified its customer base through a new marketing strategy that increases the company's sales reach:
http://www.thechannelinsider.com/article2/0,1895,1928373,00.asp
WOLV also provides VOIP services. With the Vonage IPO in May, WOLV could benefot from the interest in the sector.
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OS AND FLOAT
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As of 05/19/2006:
31,774,479 shares outstanding and approximately 27.4 million float. WOLV management owns 6,895,000 shares.
On conclusion, WOLV represents a compelling investment opportunity: A cash flow positive stock with GAAP profitability in sight with a relatively low share count trading at a huge discount to its peers. The disconnect between WOLV's performance and the share price WILL NOT LAST.
HUGE news $.55 profitable AMEX stock
http://biz.yahoo.com/prnews/060629/lath090.html?.v=55
I have seen other stocks FLY 50% after removal of going concern opinion
ILC Most undervalued AMEX penny 3 X EBITDA
ILC:AMEX $.54
Profitable stock in hot teleconferencing sector with 25% growth
2007 Forecast EBITDA of $5 million
Fair value $2 based at 12 X EBITDA
DD Summary
ILC provides teleconference and vidoeconferencing services a HOT sector with companies cuttimg back on travel ILC has 33 MM diluted shares outstanding and a $17 MM market cap.
1) In the last quarter ILC achieved EBITDA of $800,000. ILC is forecasting in excess of 25% growth for 2007.
2)The potential value for ILC is in the $2 range BASED ON PROJECTED 2007 EBITDA OF $5 MILLION and a reasonable valuation at 12- 15 X EBITDA.
Comparables:
Another videoconference company, RNDC, was purchased for $160 MM at a value of 16 X EBITDA.
3) ILC just shored up its balance sheet- it now has positove working capital.
HUGE news $.55 profitable AMEX stock
http://biz.yahoo.com/prnews/060629/lath090.html?.v=55
I have seen other stocks FLY 50% after removal of going concern opinion
ILC Most undervalued AMEX penny 3 X EBITDA
ILC:AMEX $.54
Profitable stock in hot teleconferencing sector with 25% growth
2007 Forecast EBITDA of $5 million
Fair value $2 based at 12 X EBITDA
DD Summary
ILC provides teleconference and vidoeconferencing services a HOT sector with companies cuttimg back on travel ILC has 33 MM diluted shares outstanding and a $17 MM market cap.
1) In the last quarter ILC achieved EBITDA of $800,000. ILC is forecasting in excess of 25% growth for 2007.
2)The potential value for ILC is in the $2 range BASED ON PROJECTED 2007 EBITDA OF $5 MILLION and a reasonable valuation at 12- 15 X EBITDA.
Comparables:
Another videoconference company, RNDC, was purchased for $160 MM at a value of 16 X EBITDA.
3) ILC just shored up its balance sheet- it now has positove working capital.
ILC Most undervalued AMEX penny 3 X EBITDA
ILC:AMEX $.54
Profitable stock in hot teleconferencing sector with 25% growth
2007 Forecast EBITDA of $5 million
Fair value $2 based at 12 X EBITDA
DD Summary
ILC provides teleconference and vidoeconferencing services a HOT sector with companies cuttimg back on travel ILC has 33 MM diluted shares outstanding and a $17 MM market cap.
1) In the last quarter ILC achieved EBITDA of $800,000. ILC is forecasting in excess of 25% growth for 2007.
2)The potential value for ILC is in the $2 range BASED ON PROJECTED 2007 EBITDA OF $5 MILLION and a reasonable valuation at 12- 15 X EBITDA.
Comparables:
Another videoconference company, RNDC, was purchased for $160 MM at a value of 16 X EBITDA.
3) ILC just shored up its balance sheet- it now has positove working capital.
GREAT news for ILC could really pop tomorrow
http://biz.yahoo.com/prnews/060629/lath090.html?.v=55
I have seen other stocks FLY after removal of going concern opinion
Me and 1000 economists
Debt is a non issue.. Discounted by the market and per capota comparable to other G7 countries
BAWC DD HIGHLIGHTS UPDATED JUNE 29
BonusAmerica Worldwide Corporation (BAWC.OB $.08) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
Volume alert BAWC
BAWC DD HIGHLIGHTS UPDATED JUNE 29
BonusAmerica Worldwide Corporation (BAWC.OB $.08) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
Volume alert BAWC
BAWC DD HIGHLIGHTS UPDATED JUNE 29
BonusAmerica Worldwide Corporation (BAWC.OB $.08) is a 7 MM float stock on pace TO EARN AS MUCH AS $.10 THIS YEAR (SEE ANALYSIS BELOW). For this reason BAWC could be a "dime to dollar" stock in 2006.
BAWC provides advertising and media services for Internet marketing, search engine marketing, email marketing, and print advertising services in the United States and the People’s Republic of China. BAWC rose from $.07 to $.21 recently and has filled the gap at $.08. BAWC is going MUCH higher for the following reasons:
1) EARNINGS: BAWC just announced that sales have already DOUBLED this quarter:
http://biz.yahoo.com/prnews/060602/nyf039.html?.v=46
Assuming the same rate of growth occurs for June, BAWC should have close to $1.2 Million is sales this quarter. With historical 80% margins, that would give BAWC $950,000 gross profit. Subtract $400,000 in selling and administrative expenses and BAWC earns a $550,000 quarterly profit or $.03 per share.
With BAWC's initiatives to increase sales in China these earnings should be sustainable going forward. Consqeuently, annualized earnings going forward should be in the $.07 - $.10 range.
2) BAWC's rapid China sales growth will be enhanced by BAWC by the June 28 agreement with THREE Chinese Media and Advertising Agencies to market BAWC's media advertising services in China, providing the potential to increase sain the China market
3) GREAT financials. $1 Million net working capital and no debt.
4) BAWC has been historically profitable:
http://finance.yahoo.com/q/is?s=BAWC.OB&annual
5) BAWC is focusing efforts on China growth through aquisitions and organic growth. BAWC has identified an China aquisition target:
http://biz.yahoo.com/prnews/060523/nytu103.html?.v=55
6)BAWC is trading at a large discount to other Junior China plays. SUWN.OB earned $.02 last quarter, with 50 MM shares outstanding and trades at a $50 MM market cap compared to $2 MM market cap for BAWC. GTEC.OB has a $17 MM market cap and has comparable sales to BAWC. If BAWC even reaches $10 MM market cap it will be a $.50 stock.
7) BAWC has a history of explosive price moves- it went from pennies to $.68 in a few months in 2004.
8)BAWC is raising its profile with the Investment community with its to the Investment community with its name change and focus on China operations.
BAWC reminds of SUWN.OB which went from $.02 to $1.69. BAWC has all the ingredients for an explosive price rise- low float, great financials, China sector.
Volume alert BAWC